LMC Pacific Pty Ltd and Gilles Haumont - s.87B undertaking

The ACCC investigated a complaint that LMC Pacific Pty Ltd had engaged in resale price maintenance in relation to the termination of supply of Cartier brand products to a retailer.

An Undertaking was accepted by the Commission where LMC Pacific and it's managing director, Mr Gilles Haumont, agreed not to engage in conduct which constitutes resale price maintenance.

LMC also undertook to:

• provide its employees, for a three year period, with a trade practices compliance program in relation to Part IV of the Trade Practice Act 1974; and
• send to each of its authorised retailers a letter emphasising that each authorised retailer is free to set its own retail prices for products supplied by LMC Pacific.